The gas market in Europe is in bad shape due to the lack of Russian gas. This was stated by the head of Gazprom, Alexey Miller, whose words were reported by him. TASS.
According to him, Europe is deliberately destroying gas demand. Industrial production in Europe fell to its lowest level in the last 10 years without Russian gas. As the head of the Russian company noted, high gas prices do not allow Europe to control its costs. Miller also said that half of German businesses are considering transferring their capacity to other countries due to high gas prices.
October 7, research director of the company Practicea, professor at MGIMO Business School Maria Belova statedHe said that the cost of blue fuel in Europe in the coming years will probably not reach the record level of $3,892 per thousand cubic meters. It was recorded in the spring of 2022, but it will not drop to the $100 Covid level.
Last week, member of the European Parliament Tom Berendsen said About the loopholes through which Russian LNG continues to flow to the EU despite sanctions. Imports will double in the third quarter of 2024, and the Member of Parliament called for this deficit to be closed as soon as possible.
Previously in the EU I started talking about citizens’ energy poverty.